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duckdevil.bsky.social
Finance PhD, full professor @ University of Portland, college sports enthusiast (Go Ducks), happy cohabitant with my dogs and family.
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US Consumer spending as a percent of GDP: Housing and utilities (10%) Health care (10%) Groceries (5%) Motor vehicles (2.5%) How the trade war impacts these costs will likely determine if we are heading into a recession.

There's approximately 10 transgender athletes out of the 140,000 women in the NCAA.

President Donald Trump says taxing imports will strengthen domestic manufacturing. Hours before announcing new tariffs, his administration cut support for centers that help US firms do just that.

My father always said, "Too many people mistake money for intellect." He was right.

😵‍💫

Spring on The Bluff. Go Pilots!

Sondheim, born today in 1930. He is missed. 💔

Little man just stole my heart! 😂💙

My heart... 🥹 “Zip” was a champion agility dog, when she was hit by a car and paralyzed. When she came to competitions to watch her brother, "her whole body lit up." They let her do a fun run after this competition, and her joy is everything ✨ Go, Zip, go! 🥲💗 🔊🔊🔊 🎥TT natalie_budz

This is incredible work by Michelle Martinelli. Spread it near and far.

Someone needs to explain to our Sec of Commerce how capitalism works. America has a GLOBAL TRADE SURPLUS on services. Services have the highest margins and profits of our exports. That is where capital and expertise focused. It is why we dominate in tech globally.

This is exactly what many of us that are not NOAA employees are worried about why this impacts more than NOAA.

For no real reason, here’s Charles Lindbergh in 1941 saying US shouldn’t assist the UK’s war with Germany because country should 1) prioritize America First interests, 2) avoid European entanglements, 3) push for peace, and 4) recognize it’s an unfair deal for us. 🤷‍♂️

Mark Rothko, Untitled (Yellow and Blue), 1954, private collection

Every single philanthropic institution needs to do this rather than retracting right now. abcnews-go-com.cdn.ampproject.org/c/s/abcnews....

2/2 Everything else on their balance sheet is pretty much a rounding error. The superpower of the US is due to our central bank and our military. Eff those up and we are giving up #1 status.

1/2 Just by saying you want to “audit the Fed” is enough information for financial markets to know you do not understand central banking. Fed’s assets: Treasuries and Mortgage-backed securities. Fed’s liabilities: all US currency. That’s it. That’s the list.

Contributed a bit to @colbylsmith.bsky.social's story about how the Fed is diplomatically conforming to White House dictates even though it doesn't have to: Staff at 7 U.S. financial regulators withdrew from a Harvard course on climate finance, citing new orders. www.nytimes.com/2025/02/07/b...

This is excellent and easily understandable, which is impressive!

Post-WWII economic growth by presidential term, through Q4 numbers released today.